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Nonprofit · EIN 90-0128899

ECONOMIC GROWTH BUSINESS INCUBATOR

Tax-exempt · AUSTIN, TX 78702

Financials

$552K$468K2023$406K$585K2024$689K$580K2025
Revenue Expenses · by fiscal year end
Financials of ECONOMIC GROWTH BUSINESS INCUBATOR by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$689,268$579,562$109,706$431,227$42,939$388,288
December 31, 2024990$406,170$585,070-$178,900$290,467$11,885$278,582
December 31, 2023990$551,796$468,353$83,443$464,666$7,184$457,482
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$424,652
Program service revenue
$216,832
Investment income
$4,487
Net rental income
$1,778
Net income from fundraising events
$39,654
Other revenue
$43,297

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$87,825
Other salaries and wages
$319,735
Salaries, compensation and benefits (total)
$470,092
Professional fundraising fees
$0
Accounting fees
$10,602
Occupancy
$18,000
Travel
$647
Depreciation
$562
Program services (functional)
$472,498
Management and general (functional)
$70,464
Fundraising (functional)
$36,600

Balance sheet and other

Total assets, start of year
$290,467
Total assets, end of year
$431,227
Total liabilities, end of year
$42,939
Net assets, end of year
$388,288
Land, buildings and equipment
$467
Net assets without donor restrictions
$348,288
Net assets with donor restrictions
$40,000
Gross receipts
$708,590
Employees
8
Volunteers
65
Year formed
2004
State of legal domicile
TX

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
LARISSA DAVILAEXECUTIVE DIRECTOR
Officer
40$82,354$5,471
MICHAEL CUMMINGSBOARD CHAIR
Trustee or director, Officer
1$0$0
ELSA REYESVICE CHAIR
Trustee or director, Officer
1$0$0
EDUARDO MIRAMONTESTREASURER
Trustee or director, Officer
1$0$0
DANIEL BENNETTSECRETARY
Trustee or director, Officer
1$0$0
YOLANDA DAVILLABOARD MEMBER
Trustee or director
1$0$0
LUIS DELGADOBOARD MEMBER
Trustee or director
1$0$0
LAURA RAMOS JAMESBOARD MEMBER
Trustee or director
1$0$0
MIKE LANCASTERBOARD MEMBER
Trustee or director
1$0$0
ROBERT SHIPMANBOARD MEMBER
Trustee or director
1$0$0
LARRY WILLIAMSBOARD MEMBER
Trustee or director
1$0$0
EDWIN TREVINOBOARD MEMBER
Trustee or director
1$0$0
990 for the year ended December 31, 2024: 11 people
NameTitleHours / weekCompensationOther / benefits
LARISSA DAVILAEXECUTIVE DIRECTOR
Officer
40$90,924$2,664
ELSA REYESBOARD CHAIR
Trustee or director, Officer
1$0$0
EDUARDO MIRAMONTESTREASURER
Trustee or director, Officer
1$0$0
MICHAEL CUMMINGSSECRETARY
Trustee or director, Officer
1$0$0
MIKE LANCASTERIMMEDIATE PAST BOARD CHAIR
Trustee or director
1$0$0
DANIEL BENNETBOARD MEMBER
Trustee or director
1$0$0
LUIS DELGADOBOARD MEMBER
Trustee or director
1$0$0
LAURA RAMOS JAMESBOARD MEMBER
Trustee or director
1$0$0
ROBERT SHIPMANBOARD MEMBER
Trustee or director
1$0$0
EDWIN TREVINOBOARD MEMBER
Trustee or director
1$0$0
YOLANDA DAVILABOARD MEMBER
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 11 people
NameTitleHours / weekCompensationOther / benefits
LARISSA DAVILAEXECUTIVE DIRECTOR
Officer
40$57,821$718
MIKE LANCASTERBOARD CHAIR
Trustee or director, Officer
1$0$0
ELSA REYESCHAIR ELECT
Trustee or director, Officer
1$0$0
MANNY CAMPOSTREASURER
Trustee or director, Officer
1$0$0
MICHAEL CUMMINGSSECRETARY
Trustee or director, Officer
1$0$0
ROBERT SHIPMANIMMEDIATE PAST BOARD CHAIR
Trustee or director
1$0$0
LUIS DELGADOBOARD MEMBER
Trustee or director
1$0$0
SAD OGUNBODEBOARD MEMBER
Trustee or director
1$0$0
EDWIN TREVINOBOARD MEMBER
Trustee or director
1$0$0
EDUARDO MIRAMONTESBOARD MEMBER
Trustee or director
1$0$0
YOLANDA DAVILABOARD MEMBER
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
1144 AIRPORT BLVD STE 260, AUSTIN, TX 78702-3165
In care of
% BARBARA S BOETA
Principal officer (990 for 2025)
LARISSA DAVILA, 1144 AIRPORT BLVD, AUSTIN, TX 78702
Signed the 990
LARISSA DAVILA, EXECUTIVE DIRECTOR
Phone
(512) 928-2594
Return prepared by
Allman & Associates Inc

Mission

EGBI PROVIDES TRAINING, COACHING, AND SUPPORT TO ASPIRING AND EXISTING BUSINESS OWNERS WHO FACE BARRIERS TO GROWING A SUCCESSFUL BUSINESS.

990 for the year ended December 31, 2025

Program accomplishments

  • TRAINING - EGBI PROVIDES EDUCATION AND TRAINING IN ENTREPRENEURSHIP AND FINANCIAL LITERACY.
    Expenses $359,371 · revenue $199,299
  • INCUBATOR - EGBI PROVIDES AN INCUBATION SETTING TO INDIVIDUALS WHO ARE STARTING OR GROWING THEIR BUSINESSES.
    Expenses $10,451
  • BACK OFFICE SERVICES - EGBI PROVIDES BOOKKEEPING SERVICES TO HELP EDUCATE CLIENTS ON THEIR BUSINESSS FINANCIAL POSITION.
    Expenses $102,676 · revenue $17,533

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
90-0128899
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2004
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B60)
Assets (IRS master file)
$431,227
Income (IRS master file)
$708,590

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$689,268$579,562$431,227IRS
990December 2024$406,170$585,070$290,467XML
990December 2023$551,796$468,353$464,666XML
990December 2022$434,423$448,595$374,039IRS
990December 2021–––IRS
990December 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 90-0128899).

Questions about ECONOMIC GROWTH BUSINESS INCUBATOR

What is the EIN of ECONOMIC GROWTH BUSINESS INCUBATOR?
The employer identification number (EIN) of ECONOMIC GROWTH BUSINESS INCUBATOR is 90-0128899.
Is ECONOMIC GROWTH BUSINESS INCUBATOR tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2004.
Are donations to ECONOMIC GROWTH BUSINESS INCUBATOR tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ECONOMIC GROWTH BUSINESS INCUBATOR file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of ECONOMIC GROWTH BUSINESS INCUBATOR due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ECONOMIC GROWTH BUSINESS INCUBATOR last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of ECONOMIC GROWTH BUSINESS INCUBATOR?
The 990 for the year ended December 31, 2025 names LARISSA DAVILA.
Who are the officers and directors of ECONOMIC GROWTH BUSINESS INCUBATOR?
The 990 for the year ended December 31, 2025 lists 12 people; 1 received compensation from the organization, the highest $82,354 (LARISSA DAVILA, EXECUTIVE DIRECTOR).
How much revenue does ECONOMIC GROWTH BUSINESS INCUBATOR have?
On its 990 for the year ended December 31, 2025 it reported revenue of $689,268, expenses of $579,562 and total assets of $431,227 at year end.

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